Showing 1 - 10 of 51
Many studies document a large negative effect of unemployment on happiness. Recent research has looked into factors … related to impacts on happiness, such as adaptation, social work norms, social capital, religious beliefs, and psychological … resources. Getting unemployed people back to work can do more for their happiness than compensating them for doing nothing. But …
Persistent link: https://www.econbiz.de/10011421962
Many studies document a large negative effect of unemployment on happiness. Recent research has looked into factors … related to impacts on happiness, such as adaptation, social work norms, social capital, religious beliefs, and psychological … resources. Getting unemployed people back to work can do more for their happiness than compensating them for doing nothing. But …
Persistent link: https://www.econbiz.de/10011404919
This paper investigates the relationship between income satisfaction of adult children and their relative economic status, using data from the German Socio-Economic Panel and income rank as an indicator of status. The results show that children appear to compare their actual economic status with...
Persistent link: https://www.econbiz.de/10010315482
This paper uses recent data for Germany and a new outcome variable to assess the consequences of parental separation on the well-being of youths. In particular, it is considered how subjective well-being, elicited from an ordinal 11-point general life satisfaction question, differs between...
Persistent link: https://www.econbiz.de/10010315518
High parental income, while undeniably causing benefits for a child in terms of better access to education and more favorable labor market outcomes, may at the same time increase a child's income aspirations and thereby reduce financial satisfaction, ceteris paribus. In this paper, we...
Persistent link: https://www.econbiz.de/10010315544
Economics rests upon a set of presumptions about how human beings are affected by income. Yet causal evidence is scant. This paper reports a longitudinal study of randomly selected lottery winners. Remarkably, we show that it takes almost three years before they enjoy their money. We develop a...
Persistent link: https://www.econbiz.de/10010315565
We discuss regression models for ordered responses, such as ratings of bonds, schooling attainment, or measures of subjective well-being. Commonly used models in this context are the ordered logit and ordered probit regression models. They are based on an underlying latent model with single...
Persistent link: https://www.econbiz.de/10010315577
happiness in a large Dutch internet panel survey. We find that slower responses and higher cognitive effort reduce reported … happiness. Moreover, in multivariate happiness equations, these factors moderate the estimated effect of income on happiness …, while no interaction effects are found for other determinants of happiness. As a consequence, relative marginal effects may …
Persistent link: https://www.econbiz.de/10010316901
; deservingness ; cognitive dissonance ; happiness …
Persistent link: https://www.econbiz.de/10003894162
be ifluenced by their children's income rank. -- happiness ; income norm ; subjective well-being …
Persistent link: https://www.econbiz.de/10003894168